
Bitcoin.com News|May 18, 2025 04:32
🚨 AUSTRAC fines crypto exchange Cointree 75K for late suspicious matter reports.
⚖️ Self-reporting didn't spare them from penalties.
• Cointree allegedly failed to meet AML/CTF reporting deadlines.
• AUSTRAC warns of tougher action if issues persist.
• Regulator says crypto remains a high-risk sector.
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